Financial Crack Whores

bandaidHouse Moves To Extend Unemployment Benefits
“Despite predictions the Great Recession is running out of steam, the House is taking up emergency legislation this week to help the millions of Americans who see no immediate end to their economic miseries.

A bill offered by Rep. Jim McDermott, D-Wash., and expected to pass easily would provide 13 weeks of extended unemployment benefits for more than 300,000 jobless people who live in states with unemployment rates of at least 8.5 percent and who are scheduled to run out of benefits by the end of September. “ more

While I think an extension on benefits is helpful – it’s one of those tiny band-aids in the box seldom used and never sticks.

This extension is nothing in comparison to what we gave and are still giving the Financial Crack Whores on Wall Street.

Sure, this will extend the life a couple of months for some average Americans to pay their bills on time like, minimum credit card payments which, ironically go directly into the pockets of the Financial Crack Whores, but Americans are starting to tire of treading just to keep their heads above water.

What Congress needs to address and have all, but failed to do are on the bigger issues – housing and jobs.

A good and patriotic start would be to lower and freeze the salaries of these Financial Crack Whores, they are still raking in profits off of free tax payer money. small solution below

It’s been a year and Congress hasn’t even begun to untangle the knots in this gnarly ball of thread. It’s time for a serious investigation of these institutions. Open Their Books!

We can start here

Congress needs to get money flowing on Main Street not Wall Street by supporting tax incentives to companies that hire Citizens of the United States, expand and crating new business IN THE US and bailout the disadvantaged homeowners and get our people out of tents and living off the streets. It would have been far better if Congress gave the money directly to the middle class and poverty stricken Americans, with limits (housing, bills, education, savings), instead of constantly filling the pockets and bailing out the wealthy. This would have set us on a quicker path to restoring our nation’s economy.

We all need this card.


The Justice Department also needs to devote time to get our priorities and the crooks in order.

Congress needs to do a lot more than extend benefits. Like the American People, Congress needs to get to work.

We know it can be done, almost a year ago, inside a week, we saved the world from a financial collapse, right?

small solution…
bring all current credit card debt interest rates down to 2% above prime; bankers got a better deal on their bailout and with this program still make a profit. Those who sign up can not apply for more credit until the amount owed is paid in full. When all credit card debt is paid back then bank salaries can be renegotiated.

If we don’t start coming up with solutions fast societal morals will begin to deteriorate spiraling downwards towards a country that embraces only every man for himself.



Filed under business, congress, history, justice, media, News, obama, politics, psychology, social epistemology, take back your country

2 responses to “Financial Crack Whores

  1. Hello, perhaps our posting may be off topic but anyhow, I have gone surfing about your web site and it looks very cool. It’s obvious you know your subject and you appear passionate about it. I am building a new blog plus I’m struggling to make it look good, and also provide the best quality material. I’ve learned a good deal visiting your internet site and also I anticipate further articles and will be returning soon. Thanks.

    • some good advice on your blog
      may I suggest writing something about credit unions – they are generally local, have a better deal on credit cards AND you are an investor so you have a say on the operations of the institutions

      good luck to you

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